How to distinguish between a "normal" retrace or one that gets taken out completely?
I don't dispute your suggestion. The current after-hours is not showing much damage. Will we drop hard or roll down that hill and then over a cliff?
I am suspicious of this market and the ability to stem most drops.
I never expected this current rebound to be this high or long. Did YOU see this rebound coming?
I myself don't see an immediate move so it would take a little more to convince me. Heck i was calling for 2200 as a support zone that would also be taken out.